Published: September 12, 2013

A Group in Flux

The voting members of the Federal Open Market Committee consist of a seven-member Board of Governors, and five of the 12 regional presidents. Next year, the committee is expected to undergo an unusually large change in membership, making it harder to predict how the Fed will act in the future.Related Article »

Though not a member of the board of governors, Mr. Dudley is president of the Federal Reserve Bank of New York, which holds a permanent seat on the committee.